Annual investments in Russian energy to make $150 billion within next 10 years

MOSCOW, June 19. /ITAR-TASS/. Annual investments in the Russian energy sector will make $150 billion within next ten years, Energy Minister Alexander Novak said at the World Petroleum Congress in the Russian capital on Thursday.

“Within its energy strategy, Russia decided that annual investments would make around $150 billion at least within next ten years, particularly for developing of new deposits in East Siberia and the Far East, starting offshore operations, higher reservoir recovery and new infrastructure,” he said.